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GBP/USD Rally in Full Swing – Bullish Targets AheadHi everyone, Price achieved the 1.36850 having found support near the 1.33800 level. As previously noted, the clearance of these levels strengthens our expectation for further upside, with the next key level of interest around 1.38400. We'll be watching to see how price action develops from here. We’ll continue to provide updates on the projected path for GBP/USD as price approaches this target. The longer-term outlook remains bullish, and we expect the rally to continue extending further from the 1.20991 January low towards 1.40000 and 1.417000. We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support! All the best for the week ahead. Trade safe. BluetonaFX
by BluetonaFX
Marked with “EQH” (Equal Highs), indicating a liquidity area.Chart Elements: Instrument & Timeframe: Pair: GBP/USD (British Pound / U.S. Dollar) Timeframe: 4-hour chart (each candlestick = 4 hours) Key Zones Highlighted: Top Green Box (~1.36000–1.36500): This represents a resistance zone where price has previously struggled to break above. Marked with “EQH” (Equal Highs), indicating a liquidity area or potential stop-hunt zone. Bottom Green Box (~1.33500–1.34200): This is a support zone where price has bounced before. The price is currently near this support level. Price Movement Forecast (White Zigzag Line): Indicates a bullish projection: Suggests a potential bounce from the current support zone. A possible rally back towards the resistance zone (~1.36000–1.36500), potentially to grab liquidity above the EQH. Current Price: Shown around 1.34656, which is near the bottom support zone. Candlestick Structure: Price has recently had a sharp move down into the support zone. A possible reversal setup is forming based on the projection. Interpretation: The chart suggests a bullish scenario for GBP/USD: The price is expected to hold the support zone. If buying pressure comes in, the price may rise toward the resistance level to test or sweep the equal highs.
by King_Maker_FX
GBP/USD Breakout Done , Best Place To Get 150 Pips Clear !Here is my opinion on GBP/USD On 2H T.F , We have a very good breakout now clear not as the old one and we have a very good bearish price action , so i think it will be a good entry if the price go back to retest my res with the news today and give us a good touch and go to downside , and also we might see a random move and fake wicks to take all stop losses before going down or even back to upside so be careful today and use a good risk , i`m waiting the price to back to retest the broken support and new res and then i will enter a sell trade with a very small lot size .
Short
by FX_Elite_Club
Market Analysis: GBP/USD Dips Below SupportMarket Analysis: GBP/USD Dips Below Support GBP/USD started a fresh decline below the 1.3620 zone. Important Takeaways for GBP/USD Analysis Today - The British Pound started another decline from the 1.3620 resistance zone. - There was a break below a connecting bullish trend line with support at 1.3460 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair struggled to continue higher above the 1.3620 resistance zone. The British Pound started a fresh decline and traded below the 1.3550 support zone against the US Dollar, as discussed in the previous analysis. The pair even traded below 1.3500 and the 50-hour simple moving average. Finally, the bulls appeared near the 1.3380 level. There was a recovery wave above the 1.3450 level and the 23.6% Fib retracement level of the downward move from the 1.3622 swing high to the 1.3382 low. However, the bears were active near the 1.3500 zone and the 50% Fib retracement level. As a result, there was a fresh bearish reaction below a connecting bullish trend line with support at 1.3460. Initial support on the GBP/USD chart sits at 1.3380. The next major support is at 1.3350, below which there is a risk of another sharp decline. In the stated case, the pair could drop toward 1.3200. Immediate resistance on the upside is near 1.3440. The first major resistance is near the 1.3500 zone. The main hurdle sits at 1.3530. A close above the 1.3530 resistance might spark a steady upward move. The next major resistance is near the 1.3565 zone. Any more gains could lead the pair toward the 1.3620 resistance in the near term. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
GBP/USD Hits June LowGBP/USD Hits June Low As the GBP/USD chart shows, the pair dropped sharply last night, falling below the 1.34170 level. This move marked the lowest point for the pound against the dollar since the beginning of June. One of the main drivers behind this decline is the strengthening of the US dollar, which is attracting market participants amid heightened geopolitical tensions and a potential escalation of military conflict between Iran and Israel, involving US armed forces. According to the latest reports, Donald Trump has warned Tehran that US patience is wearing thin. Today, however, the pound has seen a slight rebound, supported by the release of the UK Consumer Price Index (CPI). While the data confirmed that inflation is easing, the pace of decline is slower than expected. This may reduce the likelihood of interest rate cuts by the Bank of England – which in turn has boosted the pound’s value. What could happen next? Technical Analysis of the GBP/USD Chart Since the end of May, price fluctuations have formed an ascending channel (shown in blue), with bulls making several attempts to break the resistance level at 1.3600 – so far, without much success. The sharp decline from point A to B suggests that the bears have seized the initiative, with the pair rebounding from the lower boundary of the blue channel. GBP/USD traders may: → interpret the bounce from the lower blue boundary as an upward correction following a sharp fall; → use Fibonacci retracement levels to estimate potential upside. In such cases, particular attention is typically given to the 0.5–0.618 zone (highlighted in orange). Here, it aligns with the 1.3526 level, which acted as support on 12–13 June, but may now serve as resistance after being breached. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
GBPUSD Edges HigherGBPUSD Edges Higher GBP/USD is attempting a fresh increase above the 1.3500 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.3515. - There was a break above a key bearish trend line with resistance at 1.3535 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair declined after it failed to clear the 1.3615 resistance. The British Pound even traded below the 1.3575 support against the US Dollar. Finally, the pair tested the 1.3500 zone and is currently attempting a fresh increase. The bulls were able to push the pair above the 50-hour simple moving average and 1.3540. There was a break above a key bearish trend line with resistance at 1.3535. The pair tested the 50% Fib retracement level of the downward move from the 1.3616 swing high to the 1.3507 low. It is now showing positive signs above 1.3540. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3575 and the 61.8% Fib retracement level of the downward move from the 1.3616 swing high to the 1.3507 low. The next major resistance is near 1.3590. A close above the 1.3590 resistance zone could open the doors for a move toward 1.3615. Any more gains might send GBP/USD toward 1.3650. On the downside, immediate support is near the 1.3515. If there is a downside break below 1.3515, the pair could accelerate lower. The first major support is near the 1.3500 level. The next key support is seen near 1.3450, below which the pair could test 1.3420. Any more losses could lead the pair toward the 1.3350 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
GBP/USD Analysis: Price Searching for SupportGBP/USD Analysis: Price Searching for Support In the second half of May, the British pound showed notable strength: from its 12 May low, GBP/USD climbed to a peak on 26 May — marking its highest level in over three years. Demand for the pound has been driven by several factors: → A surge in inflation. CPI data released last Wednesday came in above expectations. As a result, market participants interpreted this as a reason for the Bank of England to remain cautious about cutting interest rates. Holding rates at elevated levels is generally considered bullish for the pound. → The pound’s relative resilience amid trade tensions, particularly following a newly signed agreement with the US, as well as strengthening trade ties between the UK and the EU. Can the pound continue to rise? The GBP/USD chart offers reasons for doubt. Technical Analysis of the GBP/USD Chart Recent price movements have formed an ascending channel (outlined in blue), and earlier this week, demand was so strong that the pair briefly moved above the upper boundary. But what happened next? That strong buying momentum appears to have faded — resulting in a sequence of lower highs (A→B→C→D), suggesting that the market may be searching for a foothold. Today’s bounce (highlighted by the arrow) hints that such a foothold may have been found. But how reliable is it? And can the uptrend be resumed? → From a bullish perspective: Support may be provided by the lower boundary of the channel, reinforced by the 1.345 level. → From a bearish perspective: The 1.352 level is acting as resistance, further strengthened by the median line. It is possible that the area marked by lower highs (A→B→C→D) could ultimately prove to be an insurmountable barrier for the developing uptrend on the GBP/USD chart. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Market Analysis: GBP/USD RalliesMarket Analysis: GBP/USD Rallies GBP/USD started a fresh increase above the 1.3520 zone. Important Takeaways for GBP/USD Analysis Today - The British Pound is eyeing more gains above the 1.3600 resistance. - There is a key bullish trend line forming with support at 1.3540 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.3350 level. The British Pound started a steady increase above the 1.3450 resistance zone against the US Dollar, as discussed in the previous analysis. The pair gained strength above the 1.3500 level. The bulls even pushed the pair above the 1.3550 level and the 50-hour simple moving average. The pair tested the 1.3585 zone and is currently consolidating gains. GBP/USD is stable above the 23.6% Fib retracement level of the upward move from the 1.3390 swing low to the 1.3586 high. There is also a key bullish trend line forming with support at 1.3540. It seems like the bulls might aim for more gains. The RSI moved above the 60 level on the GBP/USD chart and the pair is now approaching a major hurdle at 1.3600. An upside break above the 1.3600 zone could send the pair toward 1.3650. Any more gains might open the doors for a test of 1.3720. If there is a downside correction, immediate support is near the 1.3540 level and the trend line. The first major support sits near the 50% Fib retracement level of the upward move from the 1.3390 swing low to the 1.3586 high at 1.3485. The next major support is 1.3450. If there is a break below 1.3450, the pair could extend the decline. The next key support is near the 1.3390 level. Any more losses might call for a test of the 1.3345 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Market Analysis: GBP/USD Edges HigherMarket Analysis: GBP/USD Edges Higher GBP/USD is attempting a fresh increase above the 1.3270 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.3250. - There was a break above a key bearish trend line with resistance at 1.3270 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair declined after it failed to clear the 1.3440 resistance. As mentioned in the previous analysis, the British Pound traded below the 1.3200 support against the US Dollar. Finally, the pair tested the 1.3140 zone and is currently attempting a fresh increase. The bulls were able to push the pair above the 50-hour simple moving average and 1.3215. There was a break above a key bearish trend line with resistance at 1.3270. The pair surpassed the 50% Fib retracement level of the downward move from the 1.3402 swing high to the 1.3139 low. It is now showing positive signs above 1.3300. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3340 and the 76.4% Fib retracement level of the downward move from the 1.3402 swing high to the 1.3139 low. The next major resistance is near 1.3400. A close above the 1.3400 resistance zone could open the doors for a move toward 1.3440. Any more gains might send GBP/USD toward 1.3500. On the downside, immediate support is near 1.3270. If there is a downside break below 1.3270, the pair could accelerate lower. The first major support is near the 1.3215 level and the 50-hour simple moving average. The next key support is seen near 1.3140, below which the pair could test 1.3080. Any more losses could lead the pair toward the 1.3000 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
GBP/USD "The Cable" Forex Bank Heist Plan (Scalping / Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (1.28877) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. I Highly recommended you to put alert in your chart. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: Thief SL placed at 1.29600 (swing / Day Trade Basis) Using the 2H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.27800 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. GBP/USD "The Cable" Forex Bank Heist Plan (Scalping / Day Trade) is currently experiencing a bearishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
by Thief_Trader
2
Market Analysis: GBP/USD Corrects GainsMarket Analysis: GBP/USD Corrects Gains GBP/USD started a downside correction from the 1.3450 zone. Important Takeaways for GBP/USD Analysis Today - The British Pound rallied above 1.3200 and 1.3320 before the bears appeared. - There is a key bearish trend line forming with resistance at 1.3375 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.3200 level. The British Pound started a steady increase above the 1.3320 resistance zone against the US Dollar, as discussed in the previous analysis. The pair even cleared 1.3400 before the bears appeared. A high was formed at 1.3443 before there was a downside correction. There was a move below the 1.3400 and 1.3350 levels. A low was formed at 1.3301 and the pair is now consolidating losses. On the upside, the pair is facing resistance near the 1.3335 level and the 23.6% Fib retracement level of the downward move from the 1.3443 swing high to the 1.3301 low. The next key resistance near the 1.3375 level. There is also a key bearish trend line forming with resistance at 1.3375. The trend line is near the 50% Fib retracement level of the downward move from the 1.3443 swing high to the 1.3301 low. An upside break above the 1.3375 zone could send the pair toward 1.3410. Any more gains might open the doors for a test of 1.3445. If there is another decline, the pair could find support near the 1.3300 level. The first major support sits near the 1.3245 zone. The next major support is 1.3200. If there is a break below 1.3200, the pair could extend the decline. The next key support is near the 1.3150 level. Any more losses might call for a test of the 1.3080 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Market Analysis: GBP/USD Rockets HigherMarket Analysis: GBP/USD Rockets Higher GBP/USD is gaining pace above the 1.3220 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.3220. - There is a key bullish trend line forming with support near 1.3245 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair remained well-bid above the 1.2850 level. The British Pound started a decent increase above the 1.3000 zone against the US Dollar. The bulls were able to push the pair above the 50-hour simple moving average and 1.3150. The pair even climbed above 1.3200 and traded as high as 1.3263. It is now consolidating gains and trading well above the 23.6% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3260. The next major resistance is near 1.3320. A close above the 1.3320 resistance zone could open the doors for a move toward 1.3450. Any more gains might send GBP/USD toward 1.3500. On the downside, there is a key support forming near a bullish trend line at 1.3245. If there is a downside break below 1.3245, the pair could accelerate lower. The next major support is at 1.3145. It is close to the 50% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high. The next key support is seen near 1.3030, below which the pair could test 1.2860. Any more losses could lead the pair toward the 1.2745 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
GBP/USD At Interesting Area To Sell , Should We Sell Now ?Here is my Opinion About GBP/USD , I Have an old res and the price respect it 100% and gave us a very good bearish P.A , So i think we have 2 places to sell it , first one if the price back to retest my res level 1.31750 and if the price give us a good bearish price action we can enter and targeting 200 pips . if the price didn`t back to retest the res level we can wait he price to close below support with 4h candle and then we can enter a sell trade with the same target .
Short
by FX_Elite_Club
WHY GBPUSD BULLISH ?? DETAILED TECHNICAL AND FUNDAMENTALSThe GBP/USD currency pair is currently trading around 1.2950, exhibiting a bullish pennant pattern—a continuation signal that often precedes further upward movement. This pattern forms after a strong price surge, followed by a consolidation phase marked by converging trendlines. A breakout above the pennant's upper boundary could propel the pair toward the target price of 1.3100, indicating a potential gain of 150 pips. Fundamentally, the British pound has demonstrated resilience, bolstered by the UK's robust economic performance and the Bank of England's measured approach to interest rate adjustments. Recent data indicates that the UK economy has maintained steady growth, with inflation rates aligning closely with the central bank's targets. Conversely, the US dollar has experienced fluctuations due to mixed economic indicators and evolving monetary policy expectations from the Federal Reserve. These dynamics contribute to the supportive environment for the pound against the dollar. Technical analysis reinforces the bullish outlook for GBP/USD. The pair has been trading above key moving averages, with oscillators indicating strong upward momentum. The formation of the bullish pennant suggests a continuation of the prevailing uptrend. Key resistance levels to monitor include 1.3000 and 1.3040, with a sustained break above these points potentially paving the way toward the 1.3100 target. Additionally, the Relative Strength Index (RSI) remains in bullish territory, suggesting that the current uptrend has room to continue. Traders should monitor key resistance levels closely, as a confirmed breakout could present a lucrative opportunity to capitalize on the anticipated movement. Implementing robust risk management strategies, such as setting appropriate stop-loss orders, is essential to navigate potential market volatility. Staying informed about upcoming economic data releases and central bank communications will also be crucial in effectively capitalizing on this trading opportunity.
Long
by AndrewsMarket-Mastery
5
WHY AUDUSD IS BEARISH ?? DETAILED ANALYSIS AUD/USD is currently trading at approximately 0.6290 and is forming a bearish flag pattern—a technical indicator suggesting potential continuation of the prevailing downtrend. This pattern typically emerges after a sharp decline, followed by a brief consolidation phase resembling an upward-sloping channel or flag. A decisive break below the flag's support often signals the resumption of bearish momentum, potentially leading to a significant price drop. Fundamental factors are reinforcing this bearish outlook. Australia's employment data for February 2025 revealed an unexpected decline of 53,000 jobs, contrary to forecasts predicting an increase of 30,000 positions. Despite this, the unemployment rate remained steady at 4.1%. This unexpected contraction in employment could prompt the Reserve Bank of Australia (RBA) to consider interest rate cuts in upcoming meetings to stimulate economic activity. Additionally, escalating global trade tensions, particularly due to increased U.S. tariffs under the new administration, are contributing to economic uncertainty. These developments have led to downgraded growth forecasts by organizations like the OECD and Fitch Ratings, further weighing on the Australian dollar. Given these technical and fundamental factors, the AUD/USD pair appears poised for a bearish breakout from the flag pattern. Traders should monitor key support levels, such as the March low of 0.6186 and the 2025 trough at 0.6087. A sustained break below these levels could pave the way toward the psychologically significant 0.6000 mark, aligning with the anticipated 200-pip decline. In this context, adopting a short position on AUD/USD may be advantageous. However, it's crucial to implement robust risk management strategies, including setting appropriate stop-loss orders, to mitigate potential market volatility.
Long
by AndrewsMarket-Mastery
4
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at (1.25500) swing Trade Basis Using the 6H period, the recent / swing low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.29300 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook: GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 🔰Fundamental Analysis 1. Economic Indicators: The UK's GDP growth rate, inflation rate, interest rate, and employment figures are strong, supporting a bullish outlook. 2. Central Bank Policies: The Bank of England's decision to keep interest rates low has weakened the pound, but the Federal Reserve's hawkish stance has strengthened the dollar. 3. Fiscal Policies: The UK government's spending and taxation policies have been neutral, while the US government's policies have been supportive of economic growth. 🔰Macroeconomic Factors 1. Trade Balance: The UK's trade balance has improved, supporting a bullish outlook. 2. Political Stability: The UK's political stability has improved, while the US's political stability has been neutral. 3. Global Economic Trends: Global economic trends have been supportive of a bullish outlook. 🔰Global Market Analysis 1. Commodity Prices: Commodity prices have been neutral, with oil prices steady and gold prices slightly higher. 2. Currency Correlations: The GBP/USD pair has a strong positive correlation with the EUR/USD pair. 3. Global Economic Trends: Global economic trends have been supportive of a bullish outlook. 🔰COT Data 1. Commitment of Traders Report: The report shows that commercial traders are net long, while non-commercial traders are net short. 2. Open Interest: Open interest has increased, indicating a potential trend reversal. 3. Commercial Positions: Commercial traders' positions indicate a bullish outlook. 🔰Intermarket Analysis 1. Correlations with Other Markets: The GBP/USD pair has a strong positive correlation with the EUR/USD pair and a negative correlation with the USD/JPY pair. 2. Divergences: There are no significant divergences between the GBP/USD pair and other markets. 🔰Quantitative Analysis 1. Technical Indicators: Technical indicators, such as moving averages and RSI, indicate a bullish outlook. 2. Statistical Models: Statistical models, such as regression analysis, indicate a bullish outlook. 🔰Market Sentiment Analysis 1. Trader Sentiment: Trader sentiment is bullish, with a majority of traders expecting the pair to rise. 2. Sentiment Indicators: Sentiment indicators, such as sentiment indexes and put-call ratios, indicate a bullish outlook. 🔰Positioning 1. Long/Short Positions: Long positions are increasing, while short positions are decreasing. 2. Positioning Data: Positioning data indicates a bullish outlook. 🔰Next Trend Move 1. Bullish/Bearish Outlook: The outlook is bullish, with a potential target of 1.3000. 2. Trend Analysis: Trend analysis indicates a potential trend reversal. 🔰Overall Summary Outlook 1. Bullish Outlook: The overall outlook is bullish, with a potential target of 1.3000. 2. Volatility Expected: Volatility is expected to remain high in the short term. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
2
GBPUSD Retracing Before the Next Bullish Wave GBPUSD is currently experiencing rejection from a key resistance zone between the 0.5 to 0.618 Fibonacci retracement levels, around 1.288. This suggests that the pair is undergoing a healthy correction before resuming its bullish trend. A small retest to the downside could provide buyers with a better entry point before the next strong upward move. If support holds around 1.260, GBPUSD may gather momentum for another bullish rally. Fundamentally, the pair remains supported by recent market sentiment favoring the British pound. Positive economic data from the UK and expectations around the Bank of England's policy stance could provide further upside pressure. Meanwhile, the U.S. dollar's strength or weakness will also play a crucial role, particularly as traders anticipate upcoming Federal Reserve decisions and inflation data. Any signs of economic slowdown in the U.S. could push GBPUSD higher. From a technical perspective, traders should closely watch the 1.260 level as a potential retest zone. If this level holds, we could see renewed buying pressure targeting new highs beyond 1.288. A breakout above this resistance could accelerate gains, opening the door for further bullish movement. Keeping an eye on market volume and price action at key Fibonacci levels will be crucial for identifying the best trade opportunities.
Long
by AndrewsMarket-Mastery
2
GBPUSD FUNDAMENTALS AND TECHNICAL ANALYSISGBPUSD is currently trading at 1.265, showing strong bullish momentum as it finds solid support at this level. The gradual increase in trading volume indicates growing interest from buyers, suggesting that the pair is gaining strength for a potential move toward the 1.288 target. If this support level holds, we could see further bullish continuation in the coming sessions. From a technical perspective, GBPUSD is respecting key support, with increasing volume confirming buyer interest. A break above minor resistance levels could further accelerate the uptrend, providing a clear path toward 1.288. If price action remains above 1.260, it will reinforce the bullish outlook, while traders should watch for any pullbacks as potential buying opportunities. Fundamentally, GBPUSD's strength is influenced by a softer US dollar as expectations around the Federal Reserve’s rate policy shift. Any dovish signals from the Fed or weaker US economic data could push the dollar lower, giving GBP an advantage. Additionally, positive UK economic indicators or a hawkish stance from the Bank of England could further support the pair’s bullish momentum. In summary, GBPUSD is holding strong support with increasing volume, signaling potential upside toward 1.288. If this bullish momentum sustains, traders could capitalize on the breakout, with confirmation needed through technical signals and macroeconomic developments. Keep an eye on resistance levels and market sentiment for further validation.
Long
by AndrewsMarket-Mastery
1
GBP/USD Breaks Key Resistance: Targeting 1.2800 GBP/USD is trading at approximately 1.2580. Your target price of 1.2800 suggests an anticipated upward movement of over 200 pips, indicating a bullish outlook. The pair has recently broken above a significant resistance level, and the next key resistance is identified at 1.2800, which could potentially act as a barrier and prompt a downward correction. Technical analysis reveals that GBP/USD has exited a multi-month downtrend, with the January rebound extending nearly 4.4% from the yearly low. This upward momentum suggests potential for further gains; however, traders should be cautious as the 1.2800 resistance level may trigger selling pressure, leading to a possible retracement. Fundamentally, the UK's economic landscape is experiencing shifts. Inflation is expected to rise to 2.8% in January, influenced by factors such as the introduction of VAT on private school fees and increased airfares. This follows the Bank of England's recent 25 basis point rate cut, aimed at stimulating economic activity. Conversely, the U.S. economy shows resilience, with strong economic data suggesting that further interest rate cuts by the Federal Reserve are unlikely. In summary, while the GBP/USD pair exhibits bullish momentum with a potential target of 1.2800, traders should remain vigilant. The 1.2800 resistance level may serve as a critical point, possibly leading to a downward correction. Monitoring upcoming economic data releases and central bank communications will be essential in making informed trading decisions.
Long
by AndrewsMarket-Mastery
1
GBPUSD AnalysisGBPUSD Analysis The GBP/USD pair has been in a predominantly bearish trend since September of last year, although there have been occasional corrective rallies. Despite these minor pullbacks, the overall direction of the pair has remained downward over the period. However, I believe that the bearish trend may have concluded. The pair has recently broken through a key structural resistance level, and the candle has closed decisively above this barrier, which is a strong indication of a potential shift in momentum. This breakout suggests a bullish setup could be forming, signaling a possible reversal in the pair's trajectory. It is important to note that this is my personal analysis and should not be interpreted as financial advice or a trading signal. If you would like to explore my reasoning further, feel free to engage in the comments section, and I would welcome your thoughts on whether the pair is now poised for a bullish move or if the bearish trend may persist. As always, thorough research and careful risk management are essential before making any trading decisions. Let me know what your perspective is—bullish or bearish—for this pair moving forward.
Long
by sirkamal
5
USD/CAD Retest Nearing Completion, Strong Bullish Wave Incoming USD/CAD is trading at approximately 1.4170.Our target price of 1.8000 suggests an anticipated upward movement of over 38,000 pips, indicating a highly bullish outlook. You note that the pair is completing a retesting period, potentially leading to a strong bullish wave. Technical analysis indicates that USD/CAD has been consolidating around recent highs, with the market awaiting key economic data to determine its next direction. A significant support level to monitor is 1.3950; a break below this level could shift the bias from bullish to bearish. Conversely, maintaining support above this level may reinforce the bullish scenario. Fundamentally, the Canadian dollar has recently strengthened, reaching a two-month high against the U.S. dollar. This appreciation was driven by a decrease in U.S. bond yields and positive Canadian labor market data, including a drop in the unemployment rate to 6.6% and the addition of 76,000 new jobs in January 2025. These factors have eased concerns about an economic slowdown in Canada. In summary, while the USD/CAD pair is currently exhibiting consolidation, the completion of the retesting period could lead to a strong bullish wave toward your target price. Traders should closely monitor key support levels and upcoming economic data releases to make informed decisions.
Long
by AndrewsMarket-Mastery
1
GBP/USD Longs from 1.22400 to fill market gapI expect GBP/USD to start the week with a bullish move, as price has gapped down significantly, altering my initial perspective from Sunday. This gap has also led to a break of structure to the downside. Looking at the current price action, I’ve identified a clean 3-hour demand zone nearby. Price has already shown an initial bullish reaction from this level, but if it fails to hold, there is a deeper 4-hour demand zone where we could also expect a reaction. Confluences for GU Buys: - The price gap has left a significant imbalance that needs to be filled. - Price is currently in a 3-hour demand zone that previously caused a Break of Structure (BOS), making it a valid POI. - There is a large pool of liquidity to the upside that needs to be taken. - The setup aligns well with the DXY correlation. Note: If price reacts as expected, I will look for potential shorting opportunities around the 1.2400 region, where a 2-hour supply zone is located. Have a great trading week ahead, everyone!
Long
by Hassan_fx
1